Trump OKs Nippon Steel investment in U.S. Steel
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The partnership between US Steel Corp and Nippon Steel Corp has reached a new phase, with an agreement on US national security guarantees, in addition to the so-called “golden share” advantage obtained by US President Donald Trump’s administration.
Gary Mayor Eddie Melton said Nippon Steel plans to pump $1 billion in the Gary Works U.S. Steel facility — the largest steel plant in the country.
There are reports that Nippon will spend billions of dollars on U.S. Steel facilities in Pennsylvania, Alabama, Arkansas, Minnesota and Indiana.
There's $14 billion of investment that Nippon is going to be ... life working inside the Granite City steel plant. Williams said he worries about the impact the proposed federal deal could have ...
Steel will remain American, and we will grow bigger and stronger through a partnership with Nippon Steel that brings massive investment ... speculate about the impact of today’s announcement ...
CHICAGO (WLS) -- President Donald Trump recently announced a partnership between U.S. Steel and Nippon Steel ... a little over a year ago, the investment in Gary was going to be roughly $300 ...